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USD/CAD Forecast: Bullish Momentum Continues on Dovish BoC
The Bank of Canada implemented its second rate cut on Wednesday. Investors are pricing in a 70% chance that the BoC will cut rates in September. US inflation increased modestly, which is in line with forecasts. The USD/CAD forecast shows a solid uptrend as the Canadian dollar extends declines, driven by increased expectations for BoC...
GBP/USD Weekly Forecast: Expecting a Dovish BoE Path Ahead
Investors are fully expecting two rate cuts from the BoE by December. Data on US and UK business activity showed further expansion in June. Investors will pay close attention to monetary policy meetings in the US and the UK. The GBP/USD weekly forecast is trending south as markets shift towards a more dovish outlook for...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
